RITANNE, 31A, THE GLADE, FETCHAM, LEATHERHEAD, KT22 9TB - £800,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

RITANNE is a small detached house of 115m², built in 2021. It was last sold for £800,000 in November 2021, which was around 10% below the average November 2021 detached price in the Mole Valley local authority area. The most recent EPC inspection was October 2021, where the current energy rating was B, and the potential energy rating was A.

RITANNE Sold Prices

Land registry data shows two sales for RITANNE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. Both of the two RITANNE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 12 NOV	£800,000	£888,910	10% below HPI
2020 8 JUN	£260,000	£794,498	67% below HPI

RITANNE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mole Valley local authority area over time, sourced from the HPI. The two RITANNE sales from June 2020 and November 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2020 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the November 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is RITANNE?

RITANNE is 115m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of detached houses in Fetcham, based on EPC data. The below chart shows the distribution of detached houses by size in Fetcham, and where RITANNE lies on this distribution: 25% of detached houses are smaller than RITANNE, and 74% of houses are larger. Note that EPC data is not available for all properties in Fetcham.

RITANNE: Plot and Title Map

RITANNE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of RITANNE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of RITANNE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is RITANNE?

RITANNE is located on THE GLADE in FETCHAM, in the KT22 postcode district. The below map shows the position of RITANNE on THE GLADE.